KARACHI: The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) staged a powerful rebound during the outgoing week, surging over 11% on a week-on-week (WoW) basis to close at 167,191 points, as easing geopolitical tensions and improving macroeconomic signals triggered broad-based investor interest. On a day-on-day basis, the PSX commenced the week with a…
KARACHI: Trade activities under the Pakistan-Iran transit corridor have formally commenced, with the first export consignment dispatched from Pakistan. Director Transit Trade Customs Sanaullah Abro told The Express Tribune that the inaugural shipment, comprising frozen meat, was transported via refrigerated trucks to Tashkent, Uzbekistan. He said that under the corridor, consignments from Pakistan would be…
Ice cream chain Mixue plans $590m investment, while meal delivery firm Meituan to invest $1b by 2030 SAO PAULO: For Chinese ice cream and beverage chain Mixue, which already has more stores than Starbucks or McDonald’s, a cheerful snowman mascot on Sao Paulo’s most famous avenue signals a new phase of its global expansion. Mixue’s…
Applied Research Award announced as universities urged to update curricula to match global market needs LAHORE: Chairman of the Higher Education Commission (HEC) Dr Niaz Ahmed visited the Lahore Chamber of Commerce and Industry (LCCI) and met with President Faheemur Rehman Saigol to discuss strengthening the link between education and industry, improving academic curricula and…
Commission members fail to find common ground, will offer non-binding ideas instead of full reform FRANKFURT: A planned reform of Germany’s cap on public borrowing will not take place during the government’s current legislative term, German mass tabloid Bild reported on Saturday, adding members of the responsible commission have failed to find common ground. The…
Will also meet policymakers, Pakistani diaspora to highlight reform progress, growth prospects Finance Minister Muhammad Aurangzeb speaking at the Pakistan Policy Dialogue in Islamabad Photo: Screengrab ISLAMABAD: Federal Minister for Finance Muhammad Aurangzeb has departed for the United States to participate in the World Bank Group-IMF Spring Meetings 2026, scheduled to be held in Washington…
PUBLISHED April 12, 2026 KARACHI: Gold, in the subcontinent, has always been much more than just a metal you can buy and sell—it’s embedded in our social and emotional lives. It lives in velvet-lined boxes that smell faintly of stale attar and old wood, in musty bank lockers visited before weddings, in the quiet arithmetic…
KCCI, FCCI say high energy costs undermining competitiveness, demand tax rationalisation in upcoming budget KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) and the Faisalabad Chamber of Commerce and Industry (FCCI) have agreed to maintain frequent interaction and structured engagements to effectively highlight and resolve pressing issues faced by the business community, according to…
Trump says US begins the process of clearing the Strait of Hormuz as a favour to countries around the world First container vessel, MV SELEN, arrives at Karachi Port after reopening of the Strait of Hormuz. Photo: Express The vessel MV SELEN arrived at Karachi Port on Saturday, becoming the first Pakistan-bound vessel to do…
PSX witnessed a strong trend-reversal session as the KSE-100 Index surged 1,836 points (+1.01%) to close at 184,175. Photo: Express KARACHI: The Pakistan Stock Exchange (PSX) resumed its bullish momentum on Friday, with the benchmark KSE-100 index gaining over 1,670 points to close near 167,200, supported by strong investor optimism over Pakistan-facilitated talks between the…